Sri Lanka Telecom (www.slt.lk) is one of the country’s most valuable blue chip companies with an annual group turnover in excess of Rs 40 billion. Whilst Global Telecommunications Holdings N.V. of Netherlands owns a 44.98 % stake in Sri Lanka Telecom (SLT), 49.5% is owned by the Government of Sri Lanka and the balance shares are remaining with general public. The company is rated by Fitch Rating on the following scales – Long Term Foreign Currency Rating - “B+” , Long Term Local Currency Rating - “BB-“ , and National Long Term Rating – “AAA(lka)”. Further more the company has also been rated by Standard and Poor for both long term Corporate Credit Rating and Long term Debt Rating at “B+”, which is one notch above the country rating.
SLT Group has a customer base in excess of four million including multinational corporations, large and small corporate, retail and domestic customers. Today SLT provides facilities and services: voice, data, IPTV, video and mobile to its customers, which are unmatched in scope. These services range from domestic and international voice, advance data transmission services which include internet services on leased lines, broadband [on ADSL] and dial up, data circuits, frame relay solutions to IP services such as IP-VPN based on IP-MPLS technology, total corporate solutions of multiple services, satellite uplink services and mobile telephony through the fully owned subsidiary Mobitel.
With a view to making Sri Lanka a broadband island, SLT is in the process of introducing the necessary infrastructure in the form of NGN [Next Generation Networks] using optical fiber backbone and broadband services such as IMS, IPTV etc. SLT also provides high speed global connectivity to countries in the South Asian region through its international submarine cables such as SMW3, SMW4 the Bharat Lanka submarine cable [between India and Sri Lanka] and Dhirragu-SLT submarine cable system between [Maldives Islands and Sri Lanka]. SLT Hong Kong Ltd, a fully owned subsidiary of Sri Lanka Telecom, fully geared to provide services such as IP transit, IPVPN, IPLC and International voice traffic transit services to global telecom operators and corporate in Hong Kong. Sky Networks is the newest entrant into SLT’s portfolio of companies in the process of launching WiMaX service. (Mobitel- the Mobile arm of Sri Lanka Telecom, SLT Vision Com - Interactive TV, SLT Manpower Solutions- Providing manpower solutions for the group, SLT Publications- Directory Services, and finally SLTS - Providing customer premium solutions make up SLT companies).